Biden Tax Will Rocket The Markets 🚀
$XPeng(XPEV.US$
According to Bloomberg, “Biden would put a 21% levy on the profits U.S. companies earn in each country where they operate abroad...but is less than the 28% rate Biden wants to apply to domestic profits.”
Now if you compare this with the Corporate Income Tax of 25% in China, $XPeng(XPEV.US$ wouldn’t even be affected by this policy. What this does however is allow the USA to provide the 2 trillion jobs and infrastructure package. With this package it will improve the derived demand for clean and green materials, together with lesser unemployment the economy will recover from the pandemic slowly. This Expansionary Fiscal Policy is beneficial to the worldwide economy, improving the capital in the USA for greater potential growth, this means youre returns of investments would be higher when USA exports more high quality goods but we must be patient.
Electric Vehicles are our future of green transport and I have a strong believe XPeng would catch up and lead this industry with their continuous research and development together with eye catching beautiful cars.
This is definitely bullish news, I’m holding, would you not? 🚀
Disclaimer: I am not a financial advisor. This information is not intended to be financial advice, investment trading or similar advice. I am not liable for your trading activity.
According to Bloomberg, “Biden would put a 21% levy on the profits U.S. companies earn in each country where they operate abroad...but is less than the 28% rate Biden wants to apply to domestic profits.”
Now if you compare this with the Corporate Income Tax of 25% in China, $XPeng(XPEV.US$ wouldn’t even be affected by this policy. What this does however is allow the USA to provide the 2 trillion jobs and infrastructure package. With this package it will improve the derived demand for clean and green materials, together with lesser unemployment the economy will recover from the pandemic slowly. This Expansionary Fiscal Policy is beneficial to the worldwide economy, improving the capital in the USA for greater potential growth, this means youre returns of investments would be higher when USA exports more high quality goods but we must be patient.
Electric Vehicles are our future of green transport and I have a strong believe XPeng would catch up and lead this industry with their continuous research and development together with eye catching beautiful cars.
This is definitely bullish news, I’m holding, would you not? 🚀
Disclaimer: I am not a financial advisor. This information is not intended to be financial advice, investment trading or similar advice. I am not liable for your trading activity.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
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